Janney Montgomery Scott LLC Reduces Stake in iShares MSCI Emerging Markets Asia ETF $EEMA

Janney Montgomery Scott LLC cut its holdings in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMAFree Report) by 64.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 545,102 shares of the company’s stock after selling 985,632 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares MSCI Emerging Markets Asia ETF were worth $52,185,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in iShares MSCI Emerging Markets Asia ETF by 166.4% in the third quarter. BNP Paribas Financial Markets now owns 48,700 shares of the company’s stock worth $4,468,000 after acquiring an additional 30,420 shares during the period. JPMorgan Chase & Co. increased its position in iShares MSCI Emerging Markets Asia ETF by 1.8% during the 4th quarter. JPMorgan Chase & Co. now owns 41,983 shares of the company’s stock valued at $3,947,000 after purchasing an additional 734 shares during the period. Cary Street Partners Investment Advisory LLC purchased a new position in iShares MSCI Emerging Markets Asia ETF during the 4th quarter valued at $2,196,000. Cullen Frost Bankers Inc. raised its holdings in iShares MSCI Emerging Markets Asia ETF by 76.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock worth $287,000 after purchasing an additional 1,323 shares in the last quarter. Finally, Private Trust Co. NA lifted its position in shares of iShares MSCI Emerging Markets Asia ETF by 226.9% in the 4th quarter. Private Trust Co. NA now owns 742 shares of the company’s stock worth $70,000 after purchasing an additional 515 shares during the period.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.2%

Shares of EEMA opened at $114.47 on Monday. iShares MSCI Emerging Markets Asia ETF has a 1-year low of $81.96 and a 1-year high of $122.73. The firm’s 50-day moving average price is $113.99 and its 200-day moving average price is $104.10. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 15.31 and a beta of 0.73.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.3388 per share. The ex-dividend date was Monday, June 15th.

iShares MSCI Emerging Markets Asia ETF Company Profile

(Free Report)

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.

Further Reading

Want to see what other hedge funds are holding EEMA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMAFree Report).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)

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